Extreme Networks Inc
extremenetworks.comWhat Do They Do?
Sells wired and wireless networking equipment, network-management software, and cloud-based network and security platforms to enterprises, service providers, and public-sector organizations.
10-K for FY2026, filed Aug 17, 2026Extreme Networks, Inc. (EXTR) (collectively referred to as “Extreme,” “Company,” and as “we,” “us” and “our”) is a leader in AI-powered…View ↗
Our global footprint provides service to some of the world’s leading names in business across verticals such as large sports and…View ↗
End-to-End Portfolio. Our cloud-based solutions provide visibility, control and strategic intelligence from the edge to the data center…View ↗
Extreme’s customers are organizations facing complex IT challenges and/or undergoing digital transformation. These customers typically…View ↗
How Do They Make Money?
Networking equipment sales are tied to shipment; customers buy SaaS and maintenance for a contract term, with those services generally billed and paid in advance.
10-K for FY2026, filed Aug 17, 2026
-
10-K for FY2026, filed Aug 17, 2026
FY2026 revenue by product or service ↗
$1.3B
-
10-K for FY2026, filed Aug 17, 2026
$1.3B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Sold outright
10-K for FY2026, filed Aug 17, 2026 |
63%
FY2023: 71%
|
Product, FY2026
$809.6M Sources
|
Sold outright |
|
Subscription and Support
Recurring
10-K for FY2026, filed Aug 17, 2026 |
37%
FY2023: 29%
|
Subscription and Support, FY2026
$474M Sources
|
Recurring |
Who Are Their Customers?
Enterprises, service providers, and public-sector and other organizations buy its networking systems. Most purchases flow through distributors and resellers; Extreme also sells directly to some end users and large accounts.
10-K for FY2026, filed Aug 17, 2026We sell our products primarily through an ecosystem of channel partners who combine our infinite enterprise vision and product portfolio…View ↗
Distributors. We have established several key relationships with leading distributors in the electronics and computer networking…View ↗
Resellers. We rely on many resellers worldwide that sell directly to the end-user customer. Our resellers include regional networking…View ↗
Extreme’s customers are organizations facing complex IT challenges and/or undergoing digital transformation. These customers typically…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 3 cents of every revenue dollar as net income in FY2026 and turned 7 cents into free cash flow.
10-K for FY2026, filed Aug 17, 2026
$62.7MView ↗
10-K for FY2026, filed Aug 17, 2026
$42.1MView ↗
10-K for FY2026, filed Aug 17, 2026
$95.3MView ↗
How Are They Changing?
-
Aug 26, 2026
Extreme replaced Grant Thornton with Deloitte as auditor
Deloitte was appointed for the fiscal year ending June 30, 2027, and related interim periods.
Sources
8-K, filed Aug 26, 2026
On, and effective as of, August 21, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Extreme Networks, Inc.…View ↗
Growing. Revenue grew 15% in 4 years, from $1.1B in FY2022 to $1.3B in FY2026, about 4% a year.
Expanded platform scope
The older report centers its cloud platform on unified network management and connectivity; the latest describes Extreme Platform ONE as bringing networking, security, and AI together, with AI agents for network operations.
10-K for FY2023, filed Aug 24, 2023 10-K for FY2026, filed Aug 17, 2026
Who Do They Compete With?
Competes with Cisco Systems, Hewlett Packard Enterprise, Huawei Technologies, Arista Networks, RUCKUS Networks, Fortinet, Ubiquiti, Amazon, Microsoft, and Google
10-K for FY2026, filed Aug 17, 2026We believe we compete with our competitors with respect to many of the foregoing factors. However, the market for network switching…View ↗
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